A driving force for growth in Điện Biên

ĐBP - From the beginning of 2025, Điện Biên province has identified the disbursement of public investment capital as a key task and an important “lever” to promote growth, improve infrastructure, create jobs, and unlock development resources. Through decisive, proactive, and flexible guidance, the disbursement of public investment capital in the area has achieved many positive results, contributing significantly to the completion of the locality’s socio-economic development goals.

In 2025, the total public investment capital plan assigned by the Prime Minister is VND 3,355.888 billion. Right from the start of the year, the provincial People’s Committee issued numerous documents to direct and urge the progress of implementation and disbursement, with a key focus on Directive No.735/CT-UBND dated February 27, 2025, on accelerating the disbursement of public investment capital. All levels and sectors have proactively developed specific plans, closely following each project and construction work. They have clearly defined the responsibility of the heads of agencies and focused on resolving difficulties and obstacles right from the grassroots level, avoiding a situation where “capital waits for projects, and projects wait for procedures.”

In conjunction with this, the provincial People’s Committee has organized many thematic meetings and inspected the progress of each project and sector. It has assigned specific tasks and required units to proactively resolve difficulties and obstacles in compensation, site clearance, investment procedures, bidding, and capital payment. At the same time, it has focused on reviewing the entire project portfolio, reallocating capital from slow-moving projects to those with good progress, and urging and reminding units with slow disbursement rates. The departments and sectors in charge of specific fields have actively coordinated, guided, and urged investors to speed up project implementation. Agencies and units have enhanced coordination with the State Treasury to ensure a quick and compliant payment process.

As of September 30, 2025, the total estimated value of public investment capital disbursement reached VND 1,779.611 billion, achieving 53.03% of the assigned capital plan. Of this, the disbursement for national target programs reached VND 581.477 billion out of VND 1,082.688 billion, achieving 53.71% of the plan. By August 31, 2025, the non-business capital of the three national target programs also reached VND 457.138 billion out of VND 659.491 billion, equivalent to 69.32% of the assigned estimate.

The project “Transport route connecting key economic areas along National Highways 279 and 12,” with a total length of over 35.5km, is a key project of special significance for transport connectivity, urban development, and creating a driving force for regional development. With a total investment of VND 1,300 billion, the project is set to be completed in 2025.

Workers of Đại Phong Co., Ltd. of Điện Biên province construct the semi-boarding house section of Nậm Vì Ethnic Minority Semi-Boarding Secondary School.

According to a report from the provincial Management Board for Transport Construction Projects, the total value of the construction and installation packages is estimated to have reached VND 674 billion out of VND 937.03 billion, achieving 71.9%. The cumulative disbursement is VND 969.360 billion out of VND 1,147.468 billion, equivalent to 84.48% of the assigned capital plan.

Currently, the investor is implementing two tasks in parallel: on one hand, actively coordinating with localities to speed up site clearance, and on the other, urging contractors to proceed with construction on sections where the ground is clear. At present, Sam Mứn commune (on the territory of the former Pom Lót commune) has completed 100% of its site clearance. Mường Thanh ward has reached 88% (28.38/32.22ha); Điện Biên Phủ ward is at 99% (6.91/6.98ha); Thanh Yên commune is at 99.78% (22.87/22.92ha); and Thanh Nưa commune is at 99.27% (19.18/19.32ha). The Provincial Management Board for Transport Construction Projects is urgently reviewing and re-evaluating the implementation progress of each package to develop a detailed plan and a critical path schedule. At the same time, it is urging contractors to mobilize maximum manpower, equipment, and machinery to accelerate construction, ensuring the project is completed on schedule and as planned.

Immediately after the clear ground was handed over, the Hải Lộc Construction and Trading Joint Stock Company, the contractor for package No.8 of the project, a section passing through Thanh Yên commune, mobilized maximum machinery and manpower to speed up progress.

Mr. Hoàng Văn Quý, the site commander, said: “The contractor has added more equipment and personnel, and has organized work in 3 shifts and 4 teams to accelerate progress. The goal is to ensure disbursement according to the plan and to complete the assigned section before December 31.”

The disbursement of public investment capital is a crucial driver for socio-economic development. The invested projects have been creating clear changes in the appearance of urban areas and rural infrastructure in the province. Many transport, irrigation, and school projects have been completed and put into use, contributing to improving the material and spiritual lives of the people.

Mr. Phạm Văn Quang, Vice Principal of Nậm Vì Ethnic Minority Semi-Boarding Secondary School, stated: “The school is being invested in with new classrooms, a semi-boarding area, and auxiliary facilities, which are expected to be completed and handed over by the end of December 2025. The construction unit is concentrating its workforce and speeding up progress to be ready for use from the second semester of the 2025 - 2026 school year. Once completed, the project will make a significant contribution to improving the quality of teaching, learning, and care for semi-boarding students.”

The pressure to disburse capital in the last three months of the year is immense, requiring the decisive and synchronous involvement of all agencies, units, and local authorities.

Mr. Bùi Mạnh Thắng, Deputy Director of the Department of Finance, said: “To ensure 100% completion of the disbursement plan in the final months of the year, all departments, sectors, and localities must strictly implement the solutions outlined in the Directives of the Prime Minister and the Provincial People’s Committee. The focus is on site clearance and the timely allocation of capital for the newly assigned national target programs, while also clearly linking the responsibility of the agency head with the disbursement results.”

All levels and sectors are strictly implementing the resolutions, directives, and official dispatches of the Government and the Prime Minister, especially Directive No.735/CT-UBND of the provincial People’s Committee on the disbursement of public investment capital. The province is directing the strengthening of decentralization and delegation of authority, attaching the responsibility of the head of the agency to each stage, from planning and implementation to disbursement and project acceptance, following the “6 clears” motto: Clear person, clear task, clear responsibility, clear authority, clear timeline, and clear product.

In addition, inspection, supervision, and progress monitoring have been intensified, especially for key projects. The provincial People’s Committee also requires departments, sectors, and localities to proactively review and adjust the capital plan when necessary to match the actual implementation progress, avoiding a pile-up of capital at the end of the year that creates disbursement pressure. The goal is to strive for 100% completion of the 2025 public investment capital plan, especially for key projects.

With high determination, strong action, and a flexible approach, Điện Biên province is resolved to disburse 100% of the 2025 public investment capital plan, creating a powerful impetus to drive the completion of its socio-economic development tasks.

Phạm Trung
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